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Aug 14, 2013 6:00pm PDT
after former nsa contractor. a major internet hardware company is laying off 4,000 employees. david louie joins us now with details how he is speen yauj is going to cut workers. david? >> those 4,000 layoffs represent about 5% of the global work force. many of those 4,000 point the finger of blame at edward snowden. >> now, they've been+'n getting banned with a lot of countries and i think they're anticipating a major fall out. >> the tech analyst is battling a perception they might have secret codes embedded to allow nsa to spy overseas that. can impact sales fueled by revelations by former nsa contractor snow den. >> when there are rumors of china doing the same thing, congress banned to do the same thing sort of blocking sales now nsa has been found to do this. >> this with economic weakness could be why they weren't allowed to meet expectations reporting higher profits today but with future growth projected 2% lower, cisco stock price dropped 10% in after hours trading. cisco has almost 17,500 employees global head count is 75,000. the company has a history of layoffs added 7500
Aug 16, 2013 6:00pm PDT
warring groups. >> new allegations about nsa spying program. is the agency breaking its own rules? what one lawmaker from the bay area says needs to be done. pages of vogue what. she's telling the fashion >>> there has been blood shed in streets of cairo and other cities today with at least 60 people killed in fighting nationwide. supporters of ousted president mohammed morsi took to the streets in what was called a friday of anger clashing with counter demonstrators. night fell in egypt. the crowd dispersed when a massive fire still burned in downtown cairo. today, to yous of demonstrators took to the streets a response to violence that killed hundreds. egyptian military responded with a show of force, tanks lined up in the coastal city and in cairo's tahrir square. security forces used live ammunition to contain crowds. the obama administration is keeping an eye on the situation the u.s. is heavily invested there. ñ every year set aside for egypt. yesterday, president obama says violence must stop. >> jipgs people deserve better than what we've seen over the last several days. >> a w
Jul 31, 2013 6:00pm PDT
agencies. >> heckled by hackers and how nsa director responded today oo. also, scandal at city hall what. is behind resignation two city officials and why many tried to keep it quiet. >> george zimmerman back in trouble with the law what. he >>> city attorney of walnut creek says he resigned because he was being pressured to drop a child abuse investigation. one top assistant has stepped down. abc news tells us the city council is now ducking for cover. every member refused our request today. they don't want to talk about the resignation of city attorney brian winter, winter declined a request as did his assistant katie wixinski we know their leaving is tied into the investigation of child sex abuse charges leveled against an employer of lesher center for the arts charjsed with two felonies connected to text and facebook messages sent to teen-aged girls. four city employees were put on administrative leave while police and the city attorney looked into who knew about suspected abuse. in this e mail, the city attorney wrote he was pressured to drop the investigation when it appeared it wo
Aug 9, 2013 6:00pm PDT
on the controversial nsa data sweep. on that he promised more accountability and a quote, put the whole elephant out there. owe that is first in this conference he talk td about edward snow den's admitted leak autos given the history after bus, it's right to ask questions about surveillance. particularly as technology is reshaping every aspect of our lives. >> it's not enough for me as president so far confidence in the programsful american people need to have confidence in them as well. >> the president outlined four new steps to ensure programs won't be used to spy on americans. among them to work with congress to reform section of the patriot act dealing with collecting telephone records and more transparency. snowden is believed to be a factor in the new chill between the us us and russia. but the president explained why he cancelled a one on winetd with president putin saying the u.s. and russia were not make prog gres on a host of issue autos i've encouraged mr. putin to think forward with mixed success. >> the president spoke about the recent u.s. embassy closings throughout the middle east a
Search Results 0 to 3 of about 4